News for 'Auditor General'

CAG to audit coal block e-auction

CAG to audit coal block e-auction

Rediff.com28 May 2015

CAG audit is likely to be completed in six months.

PM must quit, has no moral right to continue: Mamata

PM must quit, has no moral right to continue: Mamata

Rediff.com8 Dec 2016

'He (Modi) thinks as if he is a tiger, and the only one who is right,' Mamata said.

ICAI reviews financial statements of Mallya's firms

ICAI reviews financial statements of Mallya's firms

Rediff.com5 May 2016

The move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.

SC upholds decision to keep DND flyway toll-free

SC upholds decision to keep DND flyway toll-free

Rediff.com11 Nov 2016

"We refuse to grant any relief," the SC said.

Changes likely in tax audit report for charitable trusts

Changes likely in tax audit report for charitable trusts

Rediff.com29 May 2019

The report, floated recently, comes a few days after the government cancelled the registration of Bengaluru-based NGO Infosys Foundation for alleged violation of norms in receiving foreign grants.

Abdullahs' house in Jammu built on encroached land: J-K admin

Abdullahs' house in Jammu built on encroached land: J-K admin

Rediff.com24 Nov 2020

The administration of the union territory as directed by the Jammu and Kashmir high court to make public land given under the controversial Roshni land scheme, since scrapped by a court, came out with the list of beneficiaries.

Govt dials investors ahead of LIC's IPO; embedded value expected by Aug

Govt dials investors ahead of LIC's IPO; embedded value expected by Aug

Rediff.com5 Jul 2021

The government has reached out to investors to apprise them about Life Insurance Corporation of India's (LIC's) growth and prospects as it prepares for the country's largest initial public offering (IPO). Preliminary presentations have been made to inform investors on how the organisation is being restructured ahead of the IPO, along with its financials, so that the IPO process can be hastened once its embedded value is derived. "A detailed presentation has been made to investors, giving them details on how LIC is positioned beyond what is known. "This includes how LIC is being restructured ahead of the IPO, and investors are keen to know that," said an official. In the Finance Bill, 2021, the government had proposed a slew of changes to the LIC Act, 1956.

BCCI vs Lodha panel: Supreme Court likely to pass order today

BCCI vs Lodha panel: Supreme Court likely to pass order today

Rediff.com17 Oct 2016

The Supreme Court is likely to pass direction, on Monday, over Justice Lodha committee plea alleging that the Board of Control for Cricket in India (BCCI) is violating the apex court order and committee directions regarding the BCCI reforms.

What would happen if Mumbai faces Chennai's fate?

What would happen if Mumbai faces Chennai's fate?

Rediff.com4 Dec 2015

The civic body had come under severe attack in June.

Former top AI executives trade charges

Former top AI executives trade charges

Rediff.com23 Oct 2013

Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.

HAL apathy: IAF pilots yet to get Stage-II training aircraft

HAL apathy: IAF pilots yet to get Stage-II training aircraft

Rediff.com20 Dec 2014

Pulling up Hindustan Aeronautics Limited for an inordinate delay of 14 years in the development and supply of a trainer aircraft, the CAG has observed that the time overrun has affected the Stage-II training of IAF pilots.

Is this how we treat our soldiers?

Is this how we treat our soldiers?

Rediff.com14 Nov 2017

Whilst politicians promise to uphold the honour and interests of our soldiers, the very opposite is being done, says Karan Thapar.

ED arrests Mumbai's ex-police chief in NSE phone tapping case

ED arrests Mumbai's ex-police chief in NSE phone tapping case

Rediff.com19 Jul 2022

The Enforcement Directorate (ED) on Tuesday arrested former Mumbai police commissioner Sanjay Pandey in connection with a money laundering case linked to the alleged illegal phone tapping of NSE employees, officials said.

Why it pays to invest in family-owned businesses

Why it pays to invest in family-owned businesses

Rediff.com22 Jul 2016

The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.

CAG red-flags $1.6 bn excess cost recovery by RIL

CAG red-flags $1.6 bn excess cost recovery by RIL

Rediff.com2 Aug 2016

CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block.

Don't leave finance to the financiers

Don't leave finance to the financiers

Rediff.com9 Sep 2014

A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.

SC reserves verdict on plea seeking Rafale order review

SC reserves verdict on plea seeking Rafale order review

Rediff.com10 May 2019

Centre objected to the review petition and said that the basic grounds for seeking review of the verdict are the same as they were in the main petition.

In his final address to 16th LS, Modi mocks Rahul over Rafale, hug

In his final address to 16th LS, Modi mocks Rahul over Rafale, hug

Rediff.com14 Feb 2019

Modi said the House did not witness any earthquake, an apparent reference to claims of Rahul Gandhi that his revelation on Rafale would create tremors.

'Economy is constantly on PM's mind'

'Economy is constantly on PM's mind'

Rediff.com12 Oct 2020

'I would like to convey the message to your readers that the prime minister himself is directly seized of the situation on the ground. He periodically reviews the situation on the ground and how it is moving forward, taking inputs from economists, business leaders, chambers of commerce.'

Naveen Jindal unhappy with coal verdict, to seek legal help

Naveen Jindal unhappy with coal verdict, to seek legal help

Rediff.com26 Sep 2014

With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.

Why dissent will become more difficult in India

Why dissent will become more difficult in India

Rediff.com4 Apr 2016

'These trends put at risk not only minorities or the media or some other out-of-favour group, they can and do concern everyone,' warns T N Ninan.

Heavy rain forecast for next 3 days in Uttarakhand

Heavy rain forecast for next 3 days in Uttarakhand

Rediff.com24 Jun 2013

The weather office on Monday forecast heavy to very heavy rainfall over the next three days over some parts of Uttarakhand, which is still recovering from a deluge last week that is feared to have taken over 1,000 lives.

ICAI seeks more powers

ICAI seeks more powers

Rediff.com29 Nov 2004

Ex-BCCI president Thakur tenders unconditional apology in Supreme Court

Ex-BCCI president Thakur tenders unconditional apology in Supreme Court

Rediff.com13 Jul 2017

Former Board of Control for Cricket in India president Anurag Thakur on Thursday tendered a fresh "unconditional" and "unequivocal" apology in the Supreme Court, saying it was never his intention to undermine the majesty of the apex court.

Freebies Making States Cash-Strapped?

Freebies Making States Cash-Strapped?

Rediff.com26 Apr 2022

While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.

In 50 days, Modi govt gave green nod to 5 projects

In 50 days, Modi govt gave green nod to 5 projects

Rediff.com18 Jul 2014

The Narendra Modi-led National Democratic Alliance government has given environment clearance to five projects since it took charge on May 26.

Zensar pay to Goenka under proxy firm scanner

Zensar pay to Goenka under proxy firm scanner

Rediff.com12 Jul 2015

Goenka has not even attended the last three annual general meetings of the company, yet he drew around half of the managing director's pay

Congress readies two weapons to target Modi

Congress readies two weapons to target Modi

Rediff.com24 May 2014

Down and out Congress is all set to use 'Modi's doublespeak on CAG reports' and invitation to Nawaz Sharif as weapons to target the prime minister-designate. Renu Mittal reports.

Govt passes Aadhaar Bill despite opposition

Govt passes Aadhaar Bill despite opposition

Rediff.com16 Mar 2016

Rejecting Rajya Sabha's five amendments and opposition's appeal not to make "haste", the Lok Sabha on Wednesday passed the legislation that aims at better targeting of subsidies through the Aadhaar unique identity number within hours of the Upper Housing returning it.

Murli Deora: The politician who was loved by all

Murli Deora: The politician who was loved by all

Rediff.com24 Nov 2014

Congress stalwart Murli Deora passed away on Monday morning after battling a prolonged illness. He was a politician who shared rapport across the political and corporate spectrum.

Bank funding of spectrum purchases hits DoT wall

Bank funding of spectrum purchases hits DoT wall

Rediff.com15 Feb 2014

Telecom department says spectrum can't be used as collateral because it's government property

Delhi LG asks AAP to pay up Rs 97 crore for splurge on ads

Delhi LG asks AAP to pay up Rs 97 crore for splurge on ads

Rediff.com29 Mar 2017

Baijal also ordered an inquiry into the spendings on advertisements projecting Chief Minister Arvind Kejriwal and his party and asked the chief secretary to fix responsibility.

India's elusive toilets goal

India's elusive toilets goal

Rediff.com22 Dec 2015

An NSSO survey has revealed that some are using the new toilets as store rooms.

Vinod Rai: 'No one better than Ganguly to lead BCCI'

Vinod Rai: 'No one better than Ganguly to lead BCCI'

Rediff.com23 Oct 2019

Having cut off the "umbilical cord" that tied him to the Board, the former Comptroller and Auditor General (CAG) spoke to PTI on a range of issues from "giving a free hand" to the Virat Kohli-Ravi Shastri duo, Anil Kumble's exit as national coach, his frosty relationship with colleague Diana Edulji, sexual harassment allegations against BCCI CEO Rahul Johri and difficulties in implementing the Supreme Court-mandated Lodha recommendations.

Delhi govt orders CAG audit of private power companies

Delhi govt orders CAG audit of private power companies

Rediff.com1 Jan 2014

Rejecting the contention of private power distributors, the Delhi government on Wednesday ordered an audit by the Comptroller and Auditor General of their finances, fulfilling yet another election promise of the Aam Aadmi Party.

Investor-friendly railway framework soon: Minister

Investor-friendly railway framework soon: Minister

Rediff.com6 Dec 2014

Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.

Limaye should represent BCCI in ICC meetings: Bindra

Limaye should represent BCCI in ICC meetings: Bindra

Rediff.com31 Jan 2017

Veteran cricket administrator Inderjit Singh Bindra on Tuesday said that renowned banker Vikram Limaye should take the lead in representing BCCI in the upcoming International Cricket Council's meeting on February 4.

From 2007 to 2017: How the 2G scam case progressed

From 2007 to 2017: How the 2G scam case progressed

Rediff.com21 Dec 2017

A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:

'CAG report ruined lives, destroyed reputations'

'CAG report ruined lives, destroyed reputations'

Rediff.com5 Jan 2018

'As someone who has had the opportunity of cross examining Vinod Rai, extensively over three days as part of the Joint Parliamentary Committee, many of us included I had concluded at that point of time that this report rests on the foundation of sand.'

BCCI defies SC, rejects contentious Lodha reforms

BCCI defies SC, rejects contentious Lodha reforms

Rediff.com2 Oct 2016

In a complete defiance of the Supremer Court, the Board of Control for Cricket in India, on Saturday, rejected key recommendations of the Lodha Committee, like one-state one-vote, age limit of 70 years and cooling-off period of three years, setting the stage for another round of confrontation with the apex court.